Two-factor authentication, liveness checks, and a centralized approach reduce the likelihood or eventual impacts of a hack, says D24 Fintech Group.
Author: Africa Business
How to Invest in Art Like a Pro
Art has become an increasingly attractive alternative investment, offering the opportunity to diversify one’s portfolio, while having the potential for significant returns. One of its biggest advantages is that, at the very least, it tends to hold its value, and, over time, it can appreciate, all while offering buyers the pleasure of enjoying their acquisitions.
Why creative solutions are needed to address remote connectivity challenges
If you’ve ever travelled to a remote area, you’ll know that there are some locations where it’s impossible to connect. While it might be okay to miss an email or a social media post for a short while, this is the harsh reality for people who call these small communities home. A lack of connectivity in remote locations can have far-reaching effects, impacting nearly every aspect of daily life from accessing employment, healthcare and learning opportunities to making use of basic civil services.
South African Startup Sensor Networks Partners with Global Geyser Leader Ariston
In a significant milestone for local innovation, South African startup Sensor Networks has secured a groundbreaking partnership with Ariston, the world’s largest geyser manufacturer, headquartered in Italy. This collaboration will introduce state-of-the-art smart water heating solutions to South African homes in 2025, marking a major achievement for homegrown technology on the global stage.
NIQ State of Retail: South African consumers shift to value as economic pressures persist
Despite moderate growth in South Africa’s retail sector, consumers are focusing on value, with private label brands outperforming. The Technology & Durables market faces challenges due to smartphone saturation.
Global AI Race: U.S. to Take Leading Position, Teqnamo Study Finds
A new study by Teqnamo, the decision-making platform for technology solutions including devices, reveals that the United States is poised to take the leading position in the global artificial intelligence (AI) race.
New Crypto Compliance rules – what Directive 9 means for CASPs
This article discusses the tightening of crypto regulations in South Africa, particularly Directive 9, which mandates Crypto Asset Service Providers (CASPs) to implement stringent measures for tracking and reporting crypto asset transactions. The directive includes a ‘travel rule’ requiring detailed client information to accompany crypto transfers over R5000. It emphasizes the responsibility of CASPs to comply with South African regulatory frameworks like FICA, to ensure transactions are free from criminal activities such as money laundering and terrorism financing. The article also highlights the use of tools like VOCA to help CASPs stay compliant.
How climate change puts SA’s water at risk, and why PPPs can help
This article discusses the growing risk climate change poses to South Africa’s water resources and emphasizes the need for urgent interventions to protect water security. Climate change impacts, such as erratic rainfall and rising sea levels, exacerbate existing water challenges. The article highlights the importance of adopting innovative solutions, including resilient infrastructure, water diversification, and the use of advanced technologies. It also stresses the role of Public-Private Partnerships (PPPs) in addressing water challenges by combining investment, technology, and expertise, ensuring long-term sustainable water management.
New index categorically shows Black Friday is the single-biggest retail bonanza of the holiday period
This article highlights the findings of South Africa’s first formal Black Friday Index, showcasing that Black Friday to Cyber Monday remains the most lucrative retail period of the year. The index, based on data from Ecentric Payment Solutions and World Wide Worx, reveals substantial transaction and revenue growth, with online and in-store retail seeing significant surges. Key insights emphasize the continued dominance of e-commerce, the resurgence of in-store shopping, and the necessity for omnichannel integration and data-driven strategies for future success in the retail sector.
Commercial Energy Storage Systems: A Guide to Liquid-Cooled and Modular Solutions
This article explores advanced commercial energy storage systems (ESS), focusing on liquid-cooled and modular solutions. It outlines the benefits of each technology, including enhanced thermal management, extended battery lifespan, scalability, and improved operational efficiency. The article also highlights key performance metrics, such as round-trip efficiency, depth of discharge, and cycle life, and discusses Sungrow’s industry-leading ESS solutions. By integrating these technologies, businesses can optimize energy usage, reduce operational costs, and support sustainability efforts.